Latest news
Daily: European forward prices hit 11-week highs on forecasts of winter cold snap
Crude prices settled lower, with Brent trading below $80 a barrel, after a volatile session on Monday, as Russia tried to influence OPEC to cut production. Benchmark Brent crude oil's front-month contract closed down 68 cents at $80.28 a barrel. U.S. crude's front-month declined 73 cents to fluctuate between $75.48 and $77.02.
read more... 25/11/2014
China: Bluestar will purchase REC Solar for $640 million
China National Bluestar has decided to purchase solar panel manufacturer REC Solar for 4.34 billion Norwegian crowns ($640 million) and is aiming to unite it with another Norwegian asset it acquired in 2011.
read more... 25/11/2014
Coal supplies to Ukraine are being suspended by Russia
Ukraine's energy minister declared on Monday coal supplies to Ukraine had been suspended by Russia, a blow to domestic energy providers who are fighting with a serious lack of raw fuel for electricity plants because of a separatist dissension in the industrial east.
read more... 25/11/2014
Denmark: Dong Energy relies on bigger offshore turbines
Dong Energy, Europe's biggest offshore wind farm developer, intends to make the change to giant wind turbines in an action that could indicate a breakthrough for a new generation of products.
read more... 24/11/2014
Daily: Crude oil ends up on stronger demand from China
Brent crude oil settled up almost 1 percent on Tuesday, spurred by data showing stronger-than-expected demand in China and some technical price rebound after weeks of practically uninterrupted selling. Brent increased by 82 cents to trade at $86.22 a barrel. It climbed as much as $1.06, or 1.2 percent, during the session to $86.48. U.S. WTI crude ended up 10 cents, or 0.1 percent, at $82.81 a barrel in New York, after attaining a session high at $84.05.
read more... 24/11/2014